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Clare property price increases among largest in country

THE latest Residential Property Price Barometer from IPAV, the Institute of Professional Auctioneers & Valuers, covering the first half of 2022, showed Clare had among the largest price increases in the country. In the three-bedroom category, Clare saw a price increase of 11.52%, the second highest in the country, while in the four-bedroom category Clare prices increased by 9.81%, the third highest in the country. In the two-bedroom apartment category, Clare prices were up by 10.56%, the second highest increase in the country. Pat Davitt, IPAV Chief Executive, said that while prices across the country increased over the six-month period, the rate of increase slowed towards its end. “In the first four months the overall increase would have been of the order of 10% but changes during May and June brought the six months figure to 6.36 per cent. “In the latter two months the practice of increasing reserves – where the price expectations of neighbourhood sellers tend to escalate …

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